Question: 20. If you needed to have $800 in savings at the end of four years, and your savings account offered an annual interest of

20. If you needed to have $800 in savings at the end

20. If you needed to have $800 in savings at the end of four years, and your savings account offered an annual interest of 5%, most nearly how much would you need to deposit today? (A) $570 (B) $600 (C) $660 (D) $770

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